03/28/2021
The European Union on May 7, 2020 announced that it put 12 countries on the list of places with weak or deficiencies in Anti Money Laundering and Terrorism financing laws.
03/26/2021
Instead, the South African Liquor Brandowners Association (SALBA) has presented its own ‘alternative’ lockdown proposals, which it said will deal with short-term pressure on hospitals during the next Covid-19 surge, while maintaining economic
03/26/2021
“In addition to enhancing bankability, the Fund will, on a case-by-case basis, undertake feasibility studies to assess the viability of accessing markets in the sub-region, thereby promoting intra-African trade under the AfCFTA.”
03/26/2021
According to him, Lagos State Government will explore all the opportunities inherent in the AfCFTA to grow its revenue and GDP base and create employment for the youth.
03/26/2021
The draft regulations make it clear that any advisory opinion issued is intended to be “non-binding”
03/25/2021
Stanbic IBTC Holdings on Wednesday declared a final dividend of 360 kobo per ordinary share of 50 kobo each, representing a total of N39.982 billion, for the financial year ended 31, December 2020.
03/25/2021
Many banking crises around the world have as their starting point the decline in land-based property and the impact that this has on market confidence.
03/25/2021
The fund would assist the early development process of projects from concept stage to bankability
03/25/2021
A case in point, according to him was the ongoing corruption in investor state arbitration between Process and Industrial Development (P&ID) versus Federal Republic of Nigeria.
03/25/2021
A quick review of the global statistics on frauds and corruption shows that the damage suffered by African countries due to frauds, embezzlement, economic crimes, financial crimes and corruption is estimated at about 25% of the combined annual budgets of
03/24/2021
Emefiele also explained that the nation has not changed its foreign exchange management policy, as the apex bank has continued to adopt the managed-floating strategy.
03/23/2021
This has seen a number of banks revise dividends that had received board approval downwards to ensure the payouts are a fraction of last year’s disbursements.
03/23/2021
More concerned about the impact of a potential third wave of coronavirus infections and a slow rollout of vaccines.
03/19/2021
CMA chief executive Wycliffe Shamiah said instead of competing with banks, the regulator now wants a broader fund that will help small business reduce the cost of listing even as it offers loan guarantees.
03/19/2021
The Kampala-Jinja Expressway Project will cut travel time and boost trade along an important artery linking Uganda with its neighbors
03/18/2021
“The CS Agriculture is organising for a meeting between the ministry, Treasury, NCPB and KCB to resolve the Sh7billion loan,” said Mr Iringo.
03/18/2021
The firm is also advising POSCO on offtake and prepayment arrangements for the project.
03/17/2021
Masondo said it will also be a requirement for financial institutions, such as banks, to have transformation plans that demonstrate their compliance with existing Black Economic Empowerment legislation.
03/16/2021
This will mean investors willing to buy the Kenyan bond in the international will demand risk premium to cushion against country’s risk of default.
03/15/2021
Dentons launches combination with East African Law Chambers in Tanzania
In 2020, Dentons accounted for 85% of all cross-border law firm combinations and is now the second best-known law firm in the world according to Acritas